Recent Updates — ED
Consolidated Edison, Inc. has entered into an equity distribution agreement to establish an at-the-market program for the sale of its common shares. Under this agreement, the company may offer and sell up to an aggregate sales price of $2,000,000,000.
Consolidated Edison, Inc. issued a press release and earnings presentation regarding its results of operations for the three months ended March 31, 2026. The filing serves to formally furnish these quarterly financial results to the SEC.
Consolidated Edison, Inc. and its subsidiaries entered into a new $3.5 billion revolving credit agreement with Bank of America, N.A. on March 11, 2026, to support commercial paper programs and general corporate purposes. The facility includes up to $900 million in letters of credit and allows for a potential aggregate principal increase of up to $500 million.
Consolidated Edison entered into a forward sale agreement with JPMorgan Chase Bank for 7,000,000 common shares at an initial forward price of $110.81 per share. The agreement is expected to settle by December 31, 2026, and includes a corresponding underwriting agreement for the sale of the shares.